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LGW Industries Limited
{short description of image}   {short description of image}liquid chlorine gas, hydrochloric acid suppliers
LGW LimitedLGW Limited
raw cotton manufacturer, raw cotton fabric exportersraw cotton from India, raw cotton fabric
LGW LimitedLGW Limited
LGW Industries Limited
LGW Industries Limited
LGW Industries Limited

Profile

LGW Industries Limited
Our Brief History
LGW Group came into existence way back in the year 1933, when Mr. Pragdas Gupta, a young man from Firozabad in Uttar Pradesh came to then Calcutta and made a humble beginning with his savings. He started the business as a wholesaler of various types of Glasswares, Glass based decorating items and Imitation Jewellery with a handful of clients under the name and style "Laxmi Glass Works."

As the time progressed, Mr. Gupta expanded his business in diversified fields and started trading activities in plastic products of different kinds and variety.

To give effect to his well thought of succession plan, Mr. Gupta, in a gradual process, passed on the management of the business activities to his only son, Mr. Kali Charan Gupta.

Mr. Kali Charan Gupta was managing the business effectively well and was able to expand the business both in terms of volume and value. His physique started creating troubles in his effective functioning to manage the business. He was not keeping good health and was facing all the problems in handling the business activities effective and efficiently.

Left with no other alternatives, Mr. Sanjay Kumar Gupta, the eldest son of Mr. Kali Charan Gupta, at his early stage of adolescence at the age of 11 years had to shoulder the responsibilities of managing the business operations and joined hand with his father to extend all the support and assistance required to take forward the business further.

Mr. Sanjay Kumar Gupta had a strong and wide vision and the Company made a march forward in right direction with required perspective.

After the demise of Mr. Kali Charan Gupta, all other three sons gradually joined the family business, Mr. Sanjay Kumar Gupta assumed the leading role. Backed with able manpower, collective wisdom, sustained effort of the promoters, mixed with visions, Organisational framework was established and the Company within a very short span of time graduated to the status of a Limited Company in stages from the Trading concern to proprietorship Company to Private Limited Company to Limited Company on 3rd August,1984 to keep pace with the economic and business scenario of the country. To meet increased business opportunities and commitments, especially with Bangladesh, Infrastructural facilities were developed to accommodate increased business initiatives for export of various other items like Chemicals, Minerals, Engineering goods, Food grains, Textile goods, etc.

In the mean time Bangladesh become a major exporter of readymade garments and knitted fabrics to the European and American markets by virtue of being a non-quota Country. In the process it started generating huge demand for Indian Cotton yarn and fabrics which in turn created huge demand for various types of Indian Raw Cotton as raw materials. LGW exploited this opportunity to the maximum extent and became the number one Merchant Exporter in India for Cotton yarn. Gradually the horizon was expanded further and it started exporting Raw Cotton, Textile machinery and enlarged the export destinations from Bangladesh to several other countries like China, Egypt, Italy, USA & several other European Countries.

LGW as the company made a very conscious effort to build the brand "LGW" and LGW Group today has made a distinct identification for itself in the world market with annual turnover crossing US$ 60 Million mark. Constant endeavour for enhancement of infrastructure as the ongoing practice the Company developed additionally a fully modern new warehouse measuring about 60000 Sq. ft. Thus total area of Warehouse reached to the level of 120000 Sq. Ft.


BUSINESS HISTORY PRESENT TREND, GROWTH PROSPECT AND FUTURE PLANNING OF OUR COMPANY
Prior to partition of Bengal during British rule the firm was having regular business links with the erstwhile East Bengal in undivided India as a domestic supplier from 1933-1947. The original business of the firm was in the area of jewellery various types of plastic goods including imitation jewellery etc in which the firm was a market leader in Calcutta. After birth of Bangladesh as an independent country, the firm started exporting its items to that country since 1973 and gradually made strong foothold in the Bangladesh market and also started export of various other items like Chemicals, minerals, engineering goods, and textile goods as merchant exporter. In the meantime Bangladesh become a major exporter of readymade garments and knitted fabrics to the European and American Markets by virtue of being a non quota country .In the process large scale modern production units for readymade garments/knitted fabrics came up in Bangladesh who started generating huge demand for Indian Cotton yarn and Fabrics as Raw materials for ultimate export of finished goods (Readymade garments) from Bangladesh to European & American Markets.

The Directors of the Co visualized the enormous opportunities for export of Cotton yarn from India and slowly started export of Cotton yarn since 1988 to Bangladesh .By 1990 the Co established its presence as a major supplier of Cotton yarn to all the reputed manufacturers/exporters of garments in Bangladesh.

The experience gained by its directors in textile items prompted them to plan for taking up manufacturing of yarn by setting up of a compact Spinning Mill in West Bengal so as to market the LGW brand in the ever going cotton textile market in the world. With this end in view "LGW Industries Ltd" was established in the year 1998 with the ultimate objective of setting up a compact Spinning Mill in West Bengal. To activate the new company, a major portion of the yam export port folio was passed on to them so that it can shape up its own identify under the leadership of Shri Abhay Kumar Gupta who as director of LGW Ltd developed the cotton yarn & raw cotton export business and made LGW Ltd a top merchant exporter of cotton yam in India and received the following prestigious awards.

  • TEXPROCIL “GOLD TROPHY” for securing the position of "Top Indian Exporter" in yarn (Merchant Exporter Category) for the year 2000-2001
  • TEXPROCIL “SILVER TROPHY” for securing the "Second Best Indian Exporter" position in yarn (Export to non-quota countries category) for the year 2000-2001
  • TEXPROCIL “GOLD TROPHY” for securing the position of "Top Indian Exporter" in yarn (Merchant Exporter Category) for the year 2001-2002
  • TEXPROCIL “BRONZE TROPHY” for securing the "Third Best Indian Exporter" position in yarn (Export to non-quota countries category) for the year 2001-2002


LGW Industries Limited
The company, besides exporting textile yarn to Bangladesh is also exporting bulk chemicals like chemicals for garments, Liquid Chlorine Gas, Hydrochloric acid, Bleaching powder, Iron and steel products lie hot and cold rolled sheets, coils, rods, electric generating sets and other machineries to Bangladesh, Myanmar and also exporting textile fabrics to Myanmar & Thailand. The company has recently setup its Handicraft Division and already started exporting various types of handcrafted metallic and nonmetallic Jewellery items like bangles, earrings, necklace etc. of unique design with precious and semiprecious stones, normal woodcraft items, sandalwood items, fancy leather bags, purses etc.

The company has also taken up import business in a big way and regularly importing various types of consumer items, sophisticated office furnitures, toilet fittings etc.



DIRECTORS & MANAGEMENT TEAM
PROMOTERS
Mr. Sanjay Kumar Gupta, Mr. Amit Kumar Gupta & Mrs. Rekha Gupta are the promoter Directors of the Company. The company has been working as the Merchant Exporter since a long time.

MANAGEMENT & KEY EXECUTIVES
Export sales made

The management team of LGW LTD. Is comprises of the following competent professionals.
Chairman : Mr. Sanjay Kumar Gupta
Managing Director : Mr. Amit Kumar Gupta
Director : Mrs. Rekha Gupta
Principal Advisor : Mr. Abhay Kumar Gupta
President (Marketing) : Mr. Pankaj Kumar Gupta
Asst. President (Marketing) : Mrs. Kanchan Gupta
President: Projects & Development : Mr. Nitin Gupta
Asst President : Projects & Development. : Mrs.Roopal Gupta
President: Trainee : Mr. Anurag Gupta
Advisor : Mr. Manabendra Guha
Vice President (International Marketing) : Mr. Venkateshan Mohan
General Manager & Company Secretary : Mr. Prodiptamoy Mukhopadhyay


DIRECTOR'S PROFILES
The Directors of the Company possess very rich and wide range of business experience through their long association with international trade and marketing. Besides, they have acquired vast experience in wholesale domestic trade of different products and in international trade. They have also acquired vast knowledge about trade and commerce through their visit to several European, South East and Far East and Middle East Countries.

Mr.Sanjay Kumar Gupta
Mr.Sanjay Kumar Gupta, 48 years of age, Chairman, LGW LTD, has been a resident of Kolkata,W.B. since birth. His milestone achievement in business has become the road map for the new comers and the Company's overall growth. He has very vast experience in the export business and is looking after the overall strategic decisions of the company. He has rich business knowledge and experience of 37 years which is an asset for the company in taking it to a much loftier heights.

Mr. Amit Kumar Gupta
Mr. Amit Kumar Gupta, 46 years of age,Managing Director, LGW Limited has been a resident of Kolkata, W.B, since birth. He has completed his education from Calcutta and joined his family business. He has vast experience in the merchandise export line. He has almost 23 years business experience and his strong presence has contributed for the growth a lot for the growth of the Company. His relentless efforts has helped the company to earn various prestigious awards from the Government of India.

Mrs. Rekha Gupta
Mrs. Rekha Gupta, 42 years of age, Director, LGW Limited, W/o of Mr. Sanjay Kumar Gupta has completed her education from Kolkata and joined the business and is constantly involved with the business. She has rich and strong business knowledge and is overseeing the HR & Administrative function of the company.

Mr. Pankaj Kumar Gupta
Mr. Pankaj Kumar Gupta, now aged about 41 years, is associated with the company for more than 10 years and led the company from the front in his capacity as President (Marketing). Due to his extraordinary effort in popularizing the company's name in the Overseas market today LGW Ltd has become the most preferred Indian merchant exporter of several textile and handicraft products. His elevation to the position of a wholetime director added with his vast international marketing experience will enrich the company and make its marketing functions more dynamic and result oriented in the days to come.

Mrs. Kanchan Gupta
Mrs.Kanchan Gupta, now aged about 36 years, wife of Mr. Pankaj Kumar Gupta, is a Bachelor of Science (B.Sc) from U.P. University. She has become a hardcore P.R.O. through her active association in all marketing programmes and tours both domestic & international with the President (Marketing) for the last 10 years. Her active P.R. support to the President (Marketing) has been appreciated all over by all leading customers. Her elevation to the position as Jt. Director (marketing) will improve the quality of customer relation functions of the company to a great extent.

COMPANY'S PERFORANCE
Year LGW Ltd (Rs. In Millions) LGW Industries Ltd. (Rs. In Millions)
1993-94 244.1 X
1994-95 302.0 X
1996-97 708.8 X
1995-96 1004.3 X
1997 -98 1030.9 X
1998-99 1656.0 X
1999-2000 1529.6 X
2000-01 1508.4 X
2001-02 123.94 X
2002-03 590.0 X
2003-04 359.9 29.78
2004-05 496.0 25.16
2005-06 264.5 64.02
2006-07 1120.0 180.0
2007-08 2650.0 40.0


Corporate Mission & Vision Statement

The Board has set a value system which is embedded in the Corporate framework and working cultures for fulfilling its corporate business objectives as narrated below in line of the Corporate Mission & Vision Statement:-
  • To manage the business and achieve excellence in performance at all levels most ethically, with all sincerity and honesty.
  • To attach top-most importance to customer satisfaction through maintaining the quality standard of its Products and Services in conformity with the customer's specific needs, specifications.
  • Employees satisfaction by providing them eco friendly working environment and self-development opportunities.
  • Service to the Nation at large by participation in socio-economic development programmes and creating awareness for maintaining ecologically balanced working environment.

VISION STATEMENT

Through a process of Co-Ordination, Communication and both Forward & Backward integration of resources and opportunities, LGW is set to make the most effective contribution to National Economy following the quality, innovative and creative route with perspective with distinctive identity of a mega Star Export House in India.

MISSION STATEMENT

The Company's mission is to improve the quality of life of the members, staff members and the overall society through a sustained effort following the quality, innovative and creative route applying the knowledge and wisdom of the promoters and dedicated effort of all associated with the company with specific focus on customer satisfaction and expectation on the backdrop of Company's vision statement with required synergy of all the input factors.

CORPORATE GOAL

The strategic decision makers of the company has set a 'goal' to make a big leap and double its export volume by another three years. The Company has also set a target to set up manufacturing facility for converting cotton to yarn apart from other business initiatives.

The company believes in the fact that "Growth must come from within". To ensure that organic growth, the Company has also set a goal to uplift the quality of performance of the individuals through training and exposures to different situations.

WORKING ENVIRONMENT

The corporate and registered office of LGW Ltd is situated at Narayanpur in Rajarhat-Gopalpur Municipal area nearby to NSC Bose International Airport at Kolkata.

The office premise is surrounded by natural beauty and working environment is eco friendly. Adhering to universal standards, office of LGW Limited is fully equipped with latest version of computers, air-conditioners and other necessary office equipments. This has largely contributed for a very congenial work environment.

WAREHOUSE

LGW being the Export House require sufficient space for warehousing of the products and goods. In view of the requirement of space, the company has set up large warehousing facilities at Narayanpur, Rajarhat within its office compound. The Warehouse is designed with sufficient open space to support movement of goods for loading and unloading. The Warehouse is well connected by road.

Having Company's own fully secured Warehouse measuring about 120,000 sq. ft. with average height of 30 ft. The Warehouse Complex also has fully walled up open land & metal roads to accommodate about 50 trucks at a time. The Warehouse is self contained and its workers are fully trained for damage/waste free loading & unloading operations.

INFRASTRUCTURE AND TECHNOLOGY

The registered & corporate office of the company is hosted in a spacious and beautifully designed building owned by the Company. The entire office is computerized & supported by highly skilled personnel. The company is having its own in-house "Clearing and forwarding" division for taking care of the Customs Clearance functions in respect of all export & import consignments through land customs stations in West Bengal as per the permission granted in favour of the Company by the Customs Authority. Company is going to install Oracle E-suite for its business application software requirement recently. It is based on Oracle platform and by this application, company shall be able to harness the maximum benefit in the systems, Inventory Management, Planning and control.


Contact Us
Mr. Pankaj Kumar Gupta (Director - Marketing)
Mr. Venkat Mohan (Vice President - Marketing)
LGW Limited
Narayanpur, P.O.-Rajarhat - Gopalpur, 24 Parganas (North)
Kolkata - 700 136 West Bengal (India)
Phone : +(91)-(33)-25733423 / 25733313
Fax : +(91)-(33)-25733990
Emai : lgw@lgwltd.com , akg@lgwltd.com
LGW Industries Limited
We Export : Raw Cotton | Textile Yarns | Textile Fabrics | Gem and Jewellery | Iron and Steel Products | Handicrafts | Capital Machineries | Chemicals
We Import : Machineries | Electronic Items | Office Furniture
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